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Starting a Career as a Real Estate Agent

Starting a career in the real estate industry involves great challenge, with full of rewards once you have established your name. Being a real estate agent is a type of career wherein you can earn thousands of dollars in a year, which is highly dependent on your expertise, hard work, patience, connections and time invested. A real estate agent generally works for himself, earning through commission basis from the rental or sale of a commercial or residential property. Before you venture in a real estate agent job, you have to assess yourself if you have the attitude and character demanded for the job such as being ambitious, dedicated, organized, persevere, goal-oriented and friendly.

As a real estate agent, you will need to set and organize your own schedule and you need to deal with a lot of deadlines, appointments, and follow-ups with your clients and other key professionals in the real estate world. As compared to other types of businesses, starting a real estate business is more affordable, and you will just need a real estate license, MLS access, payment of Board of Realtor dues, car, signage, computer, smartphone, and business cards. Although requirements may vary, all states require real estate agents to have their own license before rendering service tot their clients by contacting or going to the Department of Real Estate in your area or to your local Board of Realtors. You will be required to have training classes before taking the examination to be a licensed real estate agent. After passing, you will need to pay a fee to receive your license, and most states are requiring real estate agents to renew their license and have continuing education. The comprehensive online tool that real estate agent use is referred to as MLS or Multiple Listing services for finding properties buyers, and list properties for sellers, charging a monthly fee.

Although it is not mandatory, most real estate professionals join the Board of Realtors with dues paid yearly. A computer and smartphone is required for proper communication via phone calls, emails, text messaging and other medium of communication from your clients, loan officers, appraisers and home inspectors. It will be easier finding your clients’ addresses if you use a gadget like a smartphone with GPS service. So you can drive your clients occasionally, you really do not need to invest in a fancy car, just keep it clutter-free, clean and in good working condition. It is best to have your broker’s logo on your signage and business cards for advertising homes for sale. It is also crucial to have the right outfit for your job, so invest in quality shoes, nice suits and accessories to look good and feel confident.The 10 Best Resources For Houses